Middle East and Africa Oxygen Therapy Market Analysis By Product

The Middle East and Africa Oxygen Therapy Devices Market was worth USD 0.17 billion in 2016 and estimated to be growing at a CAGR of 2.204%, to reach USD 0.19 billion by 2021. Oxygen therapy involves administering oxygen through an external device.

Oxygen Therapy devices are useful specially for people suffering from severe COPD or cystic fibrosis who suffer from chronically low oxygen levels in their body. Advantages of oxygen therapy also include increased mental stamina, aversion of heart failure, and an enhanced breathing pattern. The administration and supply of supplementary oxygen have turned into an indispensable part in the management of numerous diseases. Furthermore, oxygen therapy is applicable to numerous diseases, for example, asthma, respiratory distress syndrome, and obstructive sleep apnoea. Long-term oxygen treatments in patients suffering from chronic lung disease are believed to enhance the length and the quality of life.

The growth of the Middle East and Africa oxygen therapy market is mainly driven by factors such as technological advancements, upsurge in frequency of COPD case and favourable government schemes. The growing need for better health care is another major factor driving the growth of the market. Be that as it may, poor compensation and major influence of private industries in health care is soaring the prices for treatment. Weak economy and purchasing power of people is further going to hamper the growth of the market. Despite the fact that the Middle East and Africa oxygen therapy devices market is expecting hindrances, it will discover new development opportunities in growing economies. Furthermore, better regimes and government's initiative towards improving health care are predicted to profit the Middle East and Africa oxygen therapy devices market.

The Middle East and Africa oxygen therapy devices market is segmented into product type, application and end user. On the basis of product, it is segmented into Oxygen Source Equipment, Cylinders, Concentrators, Liquid Oxygen Devices, PAP, Oxygen Delivery Device, Masks, Nasal Cannula, Venturi Mask, Non-Rebreather Mask, Bag Valve and CPAP. Oxygen source equipment are expected to grow at 11% CAGR It is attributed to the consolidation of this equipment in the extensive variety of uses as the first line of treatment. On the basis of application, it is segmented into Chronic Obstructive Pulmonary Disease, Asthma, Obstructive Sleep Apnoea, Respiratory Distress Syndrome, Cystic Fibrosis, Pneumonia. Chronic obstructive pulmonary disease holds the largest share of the application segment and it is anticipated to grow lucratively at a CAGR of over 10.5% over the next five years. slowly because of many problems the region faces, in terms of battles and also, the unstable economy. However, countries like the USA, China and UK are investing in the region and this increased financial revenue will aid the healthcare sectors in this region.

· Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

· Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail

· Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

· Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

· Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

· A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

· Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

· An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

· Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

About us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients. A few key business areas that we handle with excellence include business process improvement, corporate financing and decision making based on market research, assisting in developing appropriate strategy and providing consultancy based on extensive research.

About Market Data Forecast

Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages